U.S. Mines More Bitcoin Than Any Other Country.

The top 10 countries for Bitcoin mining represent 93.8% of the entire network by hashrate—a measure of computational power—with the U.S., China, and Kazakhstan rounding out the top three. Together these three countries hosted nearly three-quarters of the network at the end of 2021. 

Country	Hashrate (%)	Renewable (%)
U.S.	37.8%	22.5%
China	21.1%	30.2%
Kazakhstan	13.2%	11.3%
Canada	6.5%	69.7%
Russia	4.7%	18.5%
Germany	3.1%	43.0%
Malaysia	2.5%	19.1%
Ireland	2.0%	38.6%
Singapore	2.0%	2.4%
Thailand	1.0%	15.5%
Rest of the World	6.3%	30.1%

Source: Hashrate (%): Cambridge Centre for Alternative Finance as of December 2021; Renewable (%) Ember, as of 2022.

China used to be the top spot for Bitcoin mining, up to 75% of global capacity, but a crackdown in the summer of 2021 saw their share drop to nil in just a couple months. Many miners relocated to nearby Kazakhstan, attracted by cheap electricity, loose regulations, and a ‘stable’ political climate, while others opted for the United States. A sizable covert mining scene has also emerged in China, now that the dust has settled.